Press release
Anhydrides Market on a 4.60% CAGR Trajectory From USD 6.5 Billion in 2023 to USD 9.61 Billion in 2032
The anhydrides market encompasses a diverse range of chemical compounds used as intermediates in various industries, including pharmaceuticals, agrochemicals, polymers, coatings, and personal care. Common anhydrides, such as acetic anhydride, maleic anhydride, phthalic anhydride, and succinic anhydride, play critical roles in synthesizing products like resins, adhesives, plastics, and pharmaceuticals.
The anhydrides market was valued at USD 6.2 billion in 2022 and is expected to grow from USD 6.5 billion in 2023 to USD 9.61 billion by 2032, registering a compound annual growth rate (CAGR) of 4.60% during the forecast period (2023-2032).
For In depth Information Get Free Sample Copy of this Report@
https://www.marketresearchfuture.com/sample_request/3405
Anhydrides Market Companies Are:
Huntsman International LLC (US), LANXESS (Germany), BASF SE (Germany), Celanese Corporation (US), E. I. du Pont de Nemours and Company (US), Eastman Chemical Company (US), Solvay S.A. (Belgium), Akzo Nobel N.V (Netherlands), SABIC (Saudi Arabia), HaiShun Chemical Co. ltd.(China)
The market is driven by increasing demand from sectors like construction, automotive, and agriculture. Growth in developing regions, coupled with advancements in polymer and coating technologies, has further propelled demand for anhydrides. However, the market also faces challenges such as stringent environmental regulations, health concerns, and fluctuating raw material prices.
Drivers, Restraints, Opportunities, and Challenges (DROC) Analysis
Drivers
Rising Demand for Polymers and Coatings:
Anhydrides are essential in manufacturing polymers, which are widely used in automotive and construction industries. The growth of these sectors boosts demand.
Pharmaceutical Applications:
Anhydrides such as acetic anhydride are crucial in pharmaceutical production, including the synthesis of aspirin and other APIs.
Agrochemical Industry Growth:
Succinic and maleic anhydrides are used in formulating pesticides and herbicides, supporting agricultural productivity.
Global Infrastructure Development:
Expanding infrastructure projects, especially in emerging economies, drive the demand for anhydride-based construction materials.
Restraints
Environmental Regulations:
Strict rules on emissions and disposal processes during anhydride production, especially for maleic and phthalic anhydrides, can hinder market growth.
Health Hazards:
Exposure to certain anhydrides, like acetic or phthalic anhydrides, can cause respiratory and skin issues, potentially limiting their use in some applications.
Raw Material Price Volatility:
Fluctuating costs of feedstock, such as n-butane and benzene, used in anhydride synthesis, impact overall production costs.
Know More about the Anhydrides Market Report:
https://www.marketresearchfuture.com/reports/anhydrides-market-3405
Opportunities
Growth in Biodegradable Polymers:
Increasing consumer preference for sustainable materials presents opportunities for anhydride manufacturers to develop eco-friendly derivatives.
Expansion in Emerging Markets:
The construction and automotive boom in Asia-Pacific, Latin America, and the Middle East offers significant growth potential.
Innovations in Green Chemistry:
Development of environmentally friendly production technologies for anhydrides can help comply with regulations and attract eco-conscious customers.
Challenges
Competitive Landscape:
Intense competition from established players and low-cost producers in regions like Asia-Pacific can make market entry difficult for new players.
Supply Chain Disruptions:
Geopolitical tensions, logistical inefficiencies, and natural disasters can disrupt the raw material supply chain.
Technological Barriers: High initial investments in advanced production technologies may deter smaller companies from entering the market.
Market Segmentation
The market can be segmented based on product type, application, and region:
Product Type:
Acetic Anhydride, Maleic Anhydride, Phthalic Anhydride, Succinic Anhydride, Others.
Application:
Polymers, Agrochemicals, Pharmaceuticals, Coatings, Food Additives, Others.
Region:
North America, Europe, Asia-Pacific, Latin America, Middle East & Africa.
The anhydrides market is poised for steady growth, driven by increasing industrial applications, regional expansions, and innovation in production methods. However, addressing environmental and health-related challenges will be critical to sustaining long-term growth.
Table of Contents
SECTION I: EXECUTIVE SUMMARY AND KEY HIGHLIGHTS
EXECUTIVE SUMMARY
• Market Overview
• Key Findings
• Market Segmentation
• Competitive Landscape
• Challenges and Opportunities
• Future Outlook
SECTION II: SCOPING, METHODOLOGY AND MARKET STRUCTURE
SECTION III: QUALITATIVE ANALYSIS
SECTION IV: QUANTITATIVE ANALYSIS
SECTION V: COMPETITIVE ANALYSIS
LIST Of tables
LIST Of figures
Browse Related Report:
US and Europe Potash Ore Market:
https://www.marketresearchfuture.com/reports/global-potash-ore-market-773
AdBlue Market:
https://www.marketresearchfuture.com/reports/ad-blue-market-790
Aromatic Market:
https://www.marketresearchfuture.com/reports/aromatics-market-930
Anhydrite Market:
https://www.marketresearchfuture.com/reports/anhydrite-market-1618
Calcium Fluoride Market:
https://www.marketresearchfuture.com/reports/calcium-fluoride-market-1648
Antistatic Agent Market:
https://www.marketresearchfuture.com/reports/antistatic-agent-market-1735
Middle East & Africa Color Masterbatch Market:
https://www.marketresearchfuture.com/reports/middle-east-africa-color-masterbatch-market-2968
N-Vinylformamide Market:
https://www.marketresearchfuture.com/reports/n-vinylformamide-market-3318
Isatoic Acid Anhydride Market
https://www.marketresearchfuture.com/reports/isatoic-acid-anhydride-market-3325
Contact us:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street, 5Th Floor,
New York, New York 10013
United States of America
+1 628 258 0071
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Anhydrides Market on a 4.60% CAGR Trajectory From USD 6.5 Billion in 2023 to USD 9.61 Billion in 2032 here
News-ID: 3737799 • Views: …
More Releases from Market Research Future (MRFR)
Software-Defined Vehicle Market Driving the Next Era of Intelligent Mobility
According to Market Research Future analysis, the Software-Defined Vehicle Market was valued at approximately USD 422.39 billion in 2024 and is expected to expand rapidly as automakers increasingly embrace software-centric vehicle design. The industry is projected to grow from USD 517.43 billion in 2025 to nearly USD 3,938.1 billion by 2035, registering an impressive CAGR of 22% during the 2025-2035 forecast period, reflecting the massive transformation underway across the global…
Medium Duty Truck Market Growth Drivers, Technology Trends, and Regional Insight …
The global medium-duty truck market reached a valuation of approximately USD 55.42 billion in 2024. This momentum continued into 2025, with market value moving toward USD 58.47 billion. Over the long term, the industry is forecast to experience consistent expansion, potentially approaching USD 99.89 billion by 2035. This growth trajectory reflects a stable compound annual growth rate of around 5% during the 2025-2035 period, highlighting the sector's resilience and long-term…
Heavy-Duty Vehicle Rental Market Growth Outlook, Key Drivers, and Industry Evolu …
According to Market Research Future analysis, the market was valued at around USD 115.97 billion in 2024 and is set for steady expansion in the coming decade. The industry is expected to grow from USD 123.17 billion in 2025 to approximately USD 224.81 billion by 2035, registering a compound annual growth rate (CAGR) of about 6% during the forecast period from 2025 to 2035. This sustained growth reflects the increasing…
Europe Electric Trucks Market Overview, Growth Trends, Technology and Regional I …
According to Market Research Future analysis, the Europe electric trucks market demonstrated strong early momentum in 2024, with market size reaching USD 1.301 billion. This growth trajectory is expected to steepen dramatically as adoption accelerates across light, medium, and heavy-duty segments. The industry is projected to expand from USD 2.063 billion in 2025 to an impressive USD 207.74 billion by 2035, reflecting an extraordinary compound annual growth rate of 58%…
More Releases for Anhydride
Key Factor Supporting Maleic Anhydride Market Development in 2025: Global Demand …
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.
How Large Will the Maleic Anhydride Market Size By 2025?
The size of the maleic anhydride market has experienced robust growth in the past few years. A surge from $3.75 billion in 2024 to $4.03 billion in 2025 is expected, representing a compound annual growth rate (CAGR) of 7.5%. The expansion during the historic…
Phthalic Anhydride Market - Segmentation Analysis and Forecast
Global Phthalic Anhydride Market is growing at a rate of 3.10% for the forecast period of 2020 to 2027.
In the winning Global Phthalic Anhydride Market report, competitor strategies are also analysed in regard of their recent developments, new product launches, joint ventures, mergers and acquisition which helps to guess the scope of improvement for the client business. No stone is left unturned while analysing the market and preparing this market…
Global Chromic Anhydride Market Analysis (2020-2025)
Global Info Research offers a latest published report on Chromic Anhydride Analysis and Forecast 2020-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Chromic Anhydride Concentrate players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
Click to view the full report TOC, figure and tables:
https://www.globalinforesearch.com/reports/519610/chromic-anhydride
Market…
Actionable Insights in Global Maleic Anhydride Market
As per new analytical studies published by GME, the Maleic Anhydride Market is tended to identify a striking amplification in CAGR by 5.8% covering the estimated duration (2020-2026). Maleic anhydride [C₂H₂(CO)₂O] is an organic compound. Maleic Anhydride is formed by oxidization of benzene or butane. Colorless, solid white, and acrid odor are some of the features of maleic anhydride. The applicability of maleic anhydride can be seen used in industries…
Global Acetic Anhydride Market Research Report 2025
The global Acetic Anhydride market is valued at million US$ in 2018 is expected to reach million US$ by the end of 2025, growing at a CAGR of during 2019-2025.
This report focuses on Acetic Anhydride volume and value at global level, regional level and company level. From a global perspective, this report represents overall Acetic Anhydride market size by analyzing historical data and future prospect. Regionally, this report focuses on…
Anhydrides Market Report 2018: Segmentation by Composition (Organic, Inorganic, …
Global Anhydrides market research report provides company profile for Huntsman International LLC (US), LANXESS (Germany), BASF SE (Germany), Celanese Corporation (US), E. I. du Pont de Nemours and Company (US), Eastman Chemical Company (US), Solvay S.A. (Belgium), Akzo Nobel N.V (Netherlands) and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in…
